Based on the recent price movement of Ethereum, we can observe some positive signals. From the 4-hour chart, the support level around $4250 has shown excellent performance, and the price has not fallen below this key level for a long time. Notably, this afternoon the market experienced a significant quick pump, which further confirms the continued strength of long positions.

For short-term traders, below $4280 may provide a relatively ideal long positions entry opportunity. If the market can maintain its current momentum, we can expect the price to push towards the $4350 to $4400 range. However, investors should also remain vigilant and closely monitor the key support level at $4160. If the price falls below this level, it may be necessary to reassess the market situation and adjust strategies.

Although Ethereum is currently performing strongly, the market is always full of uncertainties. Investors should always remain calm and rational, manage risks well, and adjust their trading plans in a timely manner according to market changes. At the same time, it is also important to pay attention to the broader cryptocurrency market dynamics, as the performance of other tokens may also impact Ethereum.